With all the hype surrounding Tim Tebow as a player, little attention has been paid to Tim Tebow the industry. Boston.com’s business team decided to take a look at some of the dollars behind the player and what he has earned on and off the field.
With all the hype surrounding Tim Tebow as a player, little attention has been paid to Tim Tebow the industry. Boston.com’s business team decided to take a look at some of the dollars behind the player and what he has earned on and off the field.
Jonathan Bachman/Reuters
No guarantees
NBCsports.com has reported that Tebow’s deal with the Patriots is for two years with no guaranteed money. The deal means the Patriots control Tebow’s rights for 2014 if he has a strong 2013 meaning they could trade him as they once did with backup QB Matt Cassel. No dollars were released on the contract, but the NFL minimum for a fourth-year player is $510,000 with a fifth-year player getting $595,000.
Jim Rogash/Getty Images
Rookie deal
Tebow was a first round pick of the Denver Broncos going 25th overall. According to ESPN.com, Tebow’s initial five-year deal paid him $11.25 million with $8.7 million guaranteed.
Barry Gutierrez/Associated Press
Incentives
Tebow’s original five-year deal could have been worth as much as $33 million if the quarterback had lasted all five years and reached every incentive, according to ESPN.
Julie Jacobson/Associated Press
Jets’ deal
JetNation.com reported that when the Jets traded for Tebow the Jets paid $2.53 million to the Broncos to cover salary that had been advanced to Tebow.
RAY STUBBLEBINE/Reuters
More perks
Tebow received a 2012 bonus of $472,500 by being on the Jets roster at the start of last season.
Rich Schultz/Getty Images
Big seller
In late November 2012, with the Jets season basically over and Tebow not playing much, ESPN.com reported that sales of Tebow’s jersey had fallen. At the time, Tebow’s shirt had fallen to number eight on the list of most popular jersey released by the NFL. Tom Brady was number five on the list at that time.
ADAM HUNGER/reuters
Patriots jersey
With the ink barely dry on Tebow’s contract, the official Patriots Pro Shop is taking pre-orders for Tebow jerseys. Game jerseys in white and blue are listed at $99.95 and something called a “ladies” game jersey is offered only in blue and costs $94.95.
Mary Altaffer/Associated Press
Public speaker
There are no public numbers released for how much Tebow gets for a speaking engagement, but Florida Gators fan site OnlyGators.com reported that he gets between $30,000 and $50,000 per engagement.
Bruce Lipsky/associated Press
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